Global Economic Times

2026.05.08 (Fri)
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Tensions Flare in Strait of Hormuz: U.S.-Iran Clashes Threaten Fragile Truce

MUSCAT/WASHINGTON — The fragile hopes for a diplomatic breakthrough between the United States and Iran faced a severe setback on Thursday as the two nations engaged in a violent naval confrontat
UAE Sovereign Wealth Giants Descend on Seoul to Forge Strategic AI Alliance

Amassive delegation from the United Arab Emirates (UAE), comprising itsmost influential sovereign wealth funds and state-backed artificialintelligence powerhouses, is set to arrive in Seoul. Their mis

U.S. Trade Court Strikes Down Trump’s ‘Global 10% Tariff,’ Citing Executive Overreach

WASHINGTON — In a significant legal blow to the administration’s protectionist agenda, the U.S. Court of International Trade (CIT) ruled on Thursday that President Donald Trump’s &q

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US Court Blocks Trump's Reciprocal Tariffs, Citing "Abuse of Authority": WASHINGTON D.C. - A U.S. court has moved to block President Donald Trump's expansive plan to impose tariffs on imports, a scheme h ...; Eugenio Rodolfo Sanabria Reporter 2025.05.31

U.S. Intensifies Stance on Chinese Students, Escalating Broader Tensions: WASHINGTON D.C. – The United States government has dramatically sharpened its policy regarding international students, speci ...; Ana Fernanda Reporter 2025.05.31

Vietnam-Paraguay Diplomatic Ties Mark 30 Years: Opening New Horizons for Cooperation: May 30, 2025, marks the 30th anniversary of diplomatic relations between Vietnam and Paraguay. Over the past three decades, the Vi ...; KO YONG-CHUL Reporter 2025.05.30

Vantage Awarded "Best Trading Platform" at Wealth Expo Argentina 2025: Global multi-asset CFD broker, Vantage Markets (hereinafter "Vantage"), was honored with the "Best Trading Platform" award at the ...; Eugenio Rodolfo Sanabria Reporter 2025.05.30

US Eyes Paraguay's Surplus Power: Hezbollah Bounty Allegations and the Complex Calculations of the Itaipu Treaty: ASUNCION/BRASILIA – A recent announcement by the United States offering a reward of up to $10 million for information relate ...; Desk 2025.05.30

Argentina, a "Testing Ground" for Abortion Rights Violations, Warns Amnesty International; Milei Government Halts State Supply and Attempts Legal Amendments: Amnesty International has warned that Argentina is being used as a "testing ground" for the rollback of abortion rights. Javier Mi ...; Hwang Sujin Reporter 2025.05.29

Argentina Kneels Before London, Praising Foreign Decolonization: The Milei government celebrates the return of the Chagos Islands to Mauritius, yet its surrender policy on the Falkland (Malvinas) ...; KO YONG-CHUL Reporter 2025.05.29

Argentina Central Bank FX Intervention, BBVA Argentina Stock Down Over 4%... "Oversold or Warning of Further Decline?": Banco BBVA Argentina (BBAR) stock has plummeted by over 4% due to the Argentine Central Bank's aggressive intervention in the fore ...; KO YONG-CHUL Reporter 2025.05.29

Trump Administration Orders Full Suspension of Student Visa Interviews… Increasing Confusion for Korean Students: U.S. media outlets have reported that the Donald Trump administration has instructed U.S. embassies worldwide to completely suspen ...; Hwang Sujin Reporter 2025.05.29

"Absolutely Not Going to the U.S.": Trump's Stricter Immigration Enforcement Warned to Backfire on U.S. Tourism Industry: The hardline immigration policies of the Donald Trump administration are causing an unexpected backlash for the U.S. tourism indus ...; Global Economic Times Reporter 2025.05.29

Seoul Ranks 15th Globally, But Only 129th in Quality of Life: According to the "2025 Global Cities Index" released by Oxford Economics, a UK economic analysis institution, Seoul ranked 15th am ...; Ana Fernanda Reporter 2025.05.29

US Defense Secretary to Attend Singapore Shangri-La Dialogue, Focusing on Strengthening Indo-Pacific Security Cooperation: WASHINGTON/SINGAPORE – US Secretary of Defense Pete Hegseth will attend this week's annual security forum, the Shangri-La Di ...; Eunsil Ju Reporter 2025.05.28

Singapore Considers 'Caning' as a Drastic Measure in War on Scams: A Shadow of Prosperity and Digital Transformation, Seeking Strong Response to Soaring Scam Crimes: Singapore is drawing its sword against a surge in scam crimes. The international community is closely watching as the nation serio ...; ONLINE TEAM 2025.05.28

Trump Administration Revokes Harvard's International Student Eligibility, Causing Global Student Chaos: Singapore's MFA Monitors and Provides Support to Affected Students: Seoul, Republic of Korea – The abrupt decision by the Donald Trump administration to revoke Harvard University's eligibility ...; Greace Nunez Correspondent 2025.05.28

Germany-Philippines Sign Defense Cooperation Agreement; Philippines Expands Diplomatic Reach Amidst South China Sea Disputes: BERLIN, MANILA – In May 2025, Germany and the Philippines solidified their defense ties by signing a defense cooperation agr ...; Myung Sun Yim Correspondent 2025.05.28

Cambodia-Philippines Discuss Strengthening Economic and Security Cooperation: Kuala Lumpur, Malaysia – Cambodia and the Philippines are seeking new opportunities to further solidify and expand cooperati ...; Eugenio Rodolfo Sanabria Reporter 2025.05.28

Philippines' Kanlaon Volcano Emits Over 1,000 Tons of Sulfur Dioxide; Alert Level 3 Maintained: Manila, Philippines – The Kanlaon Volcano, located on Negros Island in the Philippines, emitted 1,044 tons of sulfur dioxide ...; Kim Sungmoon Reporter 2025.05.28

Israel Celebrates 77th Independence Day, Emphasizes 'Exemplary Relationship' with Paraguay: ASUNCIÓN, PARAGUAY – The Embassy of Israel in Paraguay grandly celebrated Yom Ha'atzmaut, its 77th Independence Day, ...; KO YONG-CHUL Reporter 2025.05.28

Paraguayan President Santiago Peña to Visit India for State Visit, Discuss Enhanced Cooperation: NEW DELHI, India – Paraguayan President Santiago Peña Palacios will embark on a state visit to India from June 2 to 4 ...; Greace Nunez Correspondent 2025.05.28

Gold Discovered on My Land? Escalating Gold Mine Ownership Controversy in Paraguay: ASUNCIÓN, PARAGUAY – The potential discovery of a gold vein in the Caapucú district of Paraguarí Depart ...; Pedro Espinola Special Correspondent 2025.05.28